China remained a global leader in outbound direct investment in 2024, with the annual outward direct investment (ODI) rising 8.4 percent to 192.2 billion U.S. dollars in the year, according to a statistical bulletin released on Monday.
Jointly released by the Ministry of Commerce, the National Bureau of Statistics, and the State Administration of Foreign Exchange, the statistical bulletin pointed out that investment from China has taken a slightly larger share of the world's total ODI, making up 11.9 percent, ranking the third globally for the 13th consecutive year.
Meanwhile, Chinese enterprises operate in over 80 percent of the countries and regions worldwide. By the end of 2024, Chinese investors had established 52,000 overseas enterprises across 190 countries and regions, including 19,000 located in Belt and Road partner countries.
In 2024, reinvestment earnings of overseas enterprises amounted to 77.89 billion U.S. dollars, accounting for 40.5 percent of the total outbound investment during the year.
In 2024, the sectors receiving China's investment continued to diversify, and the country's outward direct investment covered 18 industries of the national economy, with particularly rapid growth in the sector of construction and the sector of information transmission, software and IT services, which increased by 80.5 percent and 205.5 percent, respectively.
China's outbound direct investment up 8.4 percent in 2024: statistical bulletin
